Tagged: technology

The news that broke Sunday is now official.

Yahoo confirmed early Monday morning that it is buying Tumblr in a deal worth about $1.1 billion. "Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business," Yahoo added.

In its statement announcing the deal, Yahoo says that:

This week, Google, already a leader in mapping, created more space between itself and its competitors by more deeply mining the data users provide the company when using its various services.

At the Google developers' conference in San Francisco on Wednesday, Daniel Graf, director of Google Maps, crowed about the company's mapping app for the iPhone — and couldn't quite stop himself from taking a dig at Apple.

"People called it sleek, simple, beautiful, and let's not forget, accurate," he said.

The City of Austin plans to launch an Office of Innovation later this year.

Last night, City Council’s Emerging Technology and Telecommunications Committee met to discuss expectations for the office. What would it do? What would it cover? The city is open for innovative suggestions.

The Austin Chamber of Commerce is looking to sell Austin abroad.

Yesterday, the chamber and the State Department invited 26 ambassadors from around the world joined top tech companies like Google, Apple, Samsung and AT&T at the Driskill Hotel, in a tour aimed at bringing more international businesses to Austin.

An Austin-based company, TrackingPoint, has developed a high-powered, long-range computerized rifle that can turn anyone into an expert marksman. But some wonder whether putting that technology in the hands of everyday people is a wise idea. 

At shooting range just outside of Austin, I’m holding one of TrackingPoint’s top-of-the-line, $22,000 rifles. I have some shooting experience. But I’ve never shot a big rifle before. Three company representatives walk me through it.